TOMS RIVER — Former Toms River schools superintendent Michael Ritacco pleaded not guilty to bribery and fraud charges during his arraignment in federal court here today.

Ritacco, 62, is accused of taking up to $2 million in kickbacks from insurance brokers doing business with his school district. Gifts included a $30,000 watch, appliances and jewelry, authorities said.

He is facing mail fraud, wire fraud and bribery charges, and announced his retirement when the indictment was unsealed on Oct. 21. Ritacco's lawyers say he is innocent.